Wednesday, September 17, 2008

MICEX and RTS suspended bidding

MICEX and RTS suspended bidding

Newsroom Priostanovleny tendering shares on the MICEX and RTS.

Trades on the stock exchanges suspended in connection with the prescription FSFR. Trades on the MICEX suspended from 12.10 CET, on the RTS stock exchange - with 12.08 CET.

Bank Soyuz perform obligations under repurchase transactions

Bank Soyuz perform obligations under repurchase transactions

Newsroom Bank "Soyuz" affirms full compliance with all its obligations under the transactions with counterparties.

In an official communication Bank notes that, despite the difficult situation in the stock market, commitments for the transactions with counterparties implemented in full, including the repurchase transactions.

Bank Ratings Upgraded YuniKredit

Bank Ratings Upgraded YuniKredit

Newsroom Standard & Poor's upgraded the long-term credit rating of JSC "YuniKredit Bank" to "BBB" to "BBB". Short-term rating affirmed at 'A-2 ". Outlook on ratings - "Stable".

The material from the agency indicated that the increased ratings due to progress in business development and maintaining high financial performance of the bank.
Ratings hamper the high transaction risks and generally heightened volatility of financial markets within the Russian Federation, fairly aggressive growth strategy and remains a large concentration of the resource base.